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Olympic hangover? Not for China Mobile (CHL)

 Aug 20, 2008 12:48 PM UTC
Return Risk
-26.92% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
CHL Positive 08/20/08 -26.29% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: International markets, China, Newsletters, Stocks to Buy, China Mobile Limited (CHL)

"Whenever anyone asks, 'Why invest in China?' the answer is very simple: that's where the money is, and it's where exponential future economic growth is also," says Jim Trippon.

The editor of The China Stock Digest then asks, "Will China suffers an Oympic hangover?" Here, he explains why that should not happen and offers a look at China Mobile (NYSE: CHL), which he calls the "top dog" in the Chinese wireless sector.

"The Bank of China (BOC) conducted a study of the effects of 12 Olympiads on their host countries over the course of 60 years. They found that nine of the twelve Olympic host countries suffered a decline in GDP growth in the eight years after the games.

"The key to a post Olympic slump is the size of the economy. Smaller economies like Korea suffered larger d

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